About Fly Leasing Limited (NYSE:FLY)
Fly Leasing Limited is engaged in purchasing commercial aircraft, which it leases under multi-year contracts to a range of airlines throughout the world. The Company primarily acquires aircraft by entering into purchase and leaseback transactions with airlines for new aircraft; purchasing portfolios, which consists of aircraft of various types and ages, and acquiring individual aircraft. As of December 31, 2016, the Company had 76 aircraft in its portfolio, of which 75 were held for operating lease and one was recorded as an investment in finance lease. As of December 31, 2016, its portfolio included 65 narrow-body passenger aircraft (including one freighter) and 11 wide-body passenger aircraft (including two freighters). Its aircraft are leased under multi-year contracts to various group of airlines in Europe; Asia and South Pacific; Mexico, South and Central America; North America, and Middle East and Africa. Its portfolio includes aircrafts, such as B737-700 and A320-200.
Industry, Sector and Symbol:
- Industry: Commercial Leasing
- Sub-Industry: N/A
- Sector: Transportation
- Symbol: NYSE:FLY
- CUSIP: N/A
- Web: www.flyleasing.com
- Debt-to-Equity Ratio: 4.74%
- Current Ratio: 1.18%
- Quick Ratio: 1.18%
Sales & Book Value:
- Trailing P/E Ratio: 11.5
- Forward P/E Ratio: 25.87
- P/E Growth: 2.57
- Annual Sales: $345.04 million
- Price / Sales: 1.12
- Cash Flow: $6.79 per share
- Price / Cash: 1.98
- Book Value: $18.95 per share
- Price / Book: 0.71
- Trailing EPS: ($2.16)
- Net Income: ($29,110,000.00)
- Net Margins: -19.77%
- Return on Equity: 6.72%
- Return on Assets: 1.12%
- Outstanding Shares: 28,700,000
Frequently Asked Questions for Fly Leasing Limited (NYSE:FLY)
What is Fly Leasing Limited's stock symbol?
Fly Leasing Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLY."
How were Fly Leasing Limited's earnings last quarter?
Fly Leasing Limited (NYSE:FLY) released its quarterly earnings data on Thursday, May, 11th. The transportation company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.05. The transportation company earned $79.27 million during the quarter, compared to analysts' expectations of $83.27 million. Fly Leasing Limited had a positive return on equity of 6.72% and a negative net margin of 19.77%. Fly Leasing Limited's revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share. View Fly Leasing Limited's Earnings History.
When will Fly Leasing Limited make its next earnings announcement?
Where is Fly Leasing Limited's stock going? Where will Fly Leasing Limited's stock price be in 2017?
4 Wall Street analysts have issued twelve-month price targets for Fly Leasing Limited's shares. Their predictions range from $16.00 to $22.00. On average, they anticipate Fly Leasing Limited's share price to reach $18.25 in the next twelve months. View Analyst Ratings for Fly Leasing Limited.
Who are some of Fly Leasing Limited's key competitors?
Some companies that are related to Fly Leasing Limited include Teekay Corporation (TK), Seaspan Corporation (SSW), American Railcar Industries (ARII), CAI International (CAI), Echo Global Logistics (ECHO), KNOT Offshore Partners LP (KNOP), Avianca Holdings S.A. (AVH), Universal Logistics Holdings (ULH), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Scorpio Bulkers (SALT), DHT Holdings (DHT), Navigator Holdings (NVGS), Student Transportation (STB), Covenant Transportation Group (CVTI), Martin Midstream Partners L.P. (MMLP), Bristow Group (BRS) and Hennessy Capital Acquisition Corp. II (DSKE).
Who are Fly Leasing Limited's key executives?
Fly Leasing Limited's management team includes the folowing people:
- Joseph M. Donovan, Independent Chairman of the Board (Age 62)
- Colm Barrington, Chief Executive Officer, Director (Age 70)
- Julie Ruehl, Chief Financial Officer
- Pat O'Brien, Board of Director (Age 59)
- Robert S. Tomczak, Director (Age 53)
- Steven Zissis, Director (Age 55)
- Erik Gunnar Braathen, Independent Director (Age 59)
- Susan M. Walton, Independent Director (Age 53)
Who owns Fly Leasing Limited stock?
Fly Leasing Limited's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
DONALD SMITH & COMPANY ., INC.
(10.42%), Donald Smith & CO. Inc. (9.40%), Uniplan Investment Counsel Inc. (1.81%), Adirondack Research & Management Inc. (1.21%), Gabelli Funds LLC (1.06%) and Point72 Asset Management L.P. (0.97%). View Institutional Ownership Trends for Fly Leasing Limited.
Who sold Fly Leasing Limited stock? Who is selling Fly Leasing Limited stock?
Fly Leasing Limited's stock was sold by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., Donald Smith & CO. Inc., SFE Investment Counsel, Adirondack Research & Management Inc., Russell Investments Group Ltd., Wells Fargo & Company MN, Aperio Group LLC and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Fly Leasing Limited.
Who bought Fly Leasing Limited stock? Who is buying Fly Leasing Limited stock?
Fly Leasing Limited's stock was acquired by a variety of institutional investors in the last quarter, including OxFORD Asset Management LLP, Monarch Partners Asset Management LLC, Uniplan Investment Counsel Inc., Gabelli Funds LLC, California Public Employees Retirement System, Point72 Asset Management L.P., JPMorgan Chase & Co. and Allianz Asset Management GmbH. View Insider Buying and Selling for Fly Leasing Limited.
How do I buy Fly Leasing Limited stock?
Shares of Fly Leasing Limited can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fly Leasing Limited's stock price today?
One share of Fly Leasing Limited stock can currently be purchased for approximately $13.45.
How big of a company is Fly Leasing Limited?
Fly Leasing Limited has a market capitalization of $385.99 million and generates $345.04 million in revenue each year. The transportation company earns ($29,110,000.00) in net income (profit) each year or ($2.16) on an earnings per share basis.
How can I contact Fly Leasing Limited?
Fly Leasing Limited's mailing address is WEST PIER BUSINESS CAMPUS, DUN LAOGHAIRE L2, A96 N6T7. The transportation company can be reached via phone at 353-1231-1900 or via email at [email protected]
MarketBeat Community Rating for Fly Leasing Limited (NYSE FLY)MarketBeat's community ratings are surveys of what our community members think about Fly Leasing Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Fly Leasing Limited (NYSE:FLY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 3 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$18.25 (35.69% upside)|
Consensus Price Target History for Fly Leasing Limited (NYSE:FLY)
Analysts' Ratings History for Fly Leasing Limited (NYSE:FLY)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||Compass Point||Reiterated Rating||Buy||$17.00 -> $19.00||Low|
|9/19/2017||Cowen and Company||Reiterated Rating||Buy||$16.00||Low|
|4/21/2017||Royal Bank Of Canada||Reiterated Rating||Buy||Medium|
|11/19/2016||Bank of America Corporation||Set Price Target||Hold||$16.00||N/A|
|8/19/2016||Citigroup Inc.||Lower Price Target||Buy||$17.00 -> $15.00||N/A|
|7/29/2016||Deutsche Bank AG||Boost Price Target||Buy||$18.00 -> $19.00||N/A|
|5/19/2016||Wells Fargo & Company||Reiterated Rating||Buy||N/A|
Earnings History and Estimates Chart for Fly Leasing Limited (NYSE:FLY)
Earnings History by Quarter for Fly Leasing Limited (NYSE FLY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/8/2018|| || || || || || || || |
|8/10/2017||6/30/2017||$0.29||$0.31||$83.17 million||$79.21 million||View||N/A|
|5/11/2017||3/31/2017||$0.29||$0.34||$83.27 million||$79.27 million||View||N/A|
|3/9/2017||12/31/2016||$0.57||$0.95||$95.77 million||$100.60 million||View||Listen|
|11/17/2016||Q316||$0.37||$0.53||$84.40 million||$85.30 million||View||N/A|
|7/28/2016||Q216||$0.34||$0.45||$80.88 million||$76.34 million||View||Listen|
|5/18/2016||Q116||$0.50||$0.47||$92.73 million||$81.20 million||View||Listen|
|3/8/2016||Q415||$0.82||$1.54||$123.96 million||$139.00 million||View||N/A|
|11/12/2015||Q315||$0.67||$0.78||$117.06 million||$106.20 million||View||Listen|
|7/29/2015||Q215||$0.06||$0.23||$104.40 million||$101.68 million||View||Listen|
|5/8/2015||Q115||$0.22||$0.41||$114.40 million||$120.10 million||View||N/A|
|3/11/2015||Q414||$0.32||$0.40||$116.50 million||$120.30 million||View||N/A|
|11/13/2014||Q314||$0.28||$0.40||$105.14 million||$105.50 million||View||N/A|
|7/31/2014||Q214||$0.23||$0.45||$97.80 million||$109.50 million||View||N/A|
|5/8/2014||Q114||$0.12||$0.12||$91.88 million||$90.50 million||View||N/A|
|3/6/2014||Q413||$0.13||$0.12||$86.58 million||$85.47 million||View||N/A|
|11/7/2013||Q313||$0.10||$0.07||$79.80 million||$79.12 million||View||N/A|
|8/1/2013||Q2 2013||$0.51||$0.40||$93.49 million||$98.54 million||View||N/A|
|5/2/2013||Q1 2013||$0.73||$1.37||$99.66 million||$114.37 million||View||N/A|
|3/7/2013||Q4 2012||$0.74||$2.04||$105.36 million||$130.87 million||View||N/A|
|11/8/2012||Q312||$0.50||$0.21||$93.89 million||$86.40 million||View||N/A|
Earnings Estimates for Fly Leasing Limited (NYSE:FLY)
Current Year EPS Consensus Estimate: $0.52 EPS
Next Year EPS Consensus Estimate: $1.97 EPS
Current Dividend Information for Fly Leasing Limited (NYSE:FLY)
|Most Recent Dividend:||11/20/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Fly Leasing Limited (NYSE FLY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fly Leasing Limited (NYSE FLY)
Institutional Ownership Percentage: 45.88%
Insider Trades by Quarter for Fly Leasing Limited (NYSE FLY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/16/2014||Nola Marjorie Heale||Insider||Buy||60,000||$0.36||$21,300.00|
Latest Headlines for Fly Leasing Limited (NYSE FLY)
Fly Leasing Limited (NYSE FLY) Chart for Sunday, November, 19, 2017